Highest paying financial jobs (/best financial firms) in the Detroit area?
I'm guessing that most of you don't think much of Detroit, but I'm from the Ann Arbor-area, I'm going to go to the University of Michigan, I've got all of my family and friends in the area, I've got all my sports teams in the area (lol), I love the city of Detroit - and I want to live and work there...and I'd also like to make as lucrative a living as I can there.
I've done a lot of research on hedge funds, private equity, venture capital, investment banking, consulting, and investment management...so, I know a little bit about how much the top execs in those fields make, about their career paths, and about their job responsibilities. But, I still don't know enough about what's available in the Detroit-area, and how salaries there compare to more popular financial hubs (NY, CHI, SF, etc.). I do know that McKinsey's got an office in Detroit, and that Ann Arbor's got a couple of good venture capital firms, but that's about it (I don't come from a 'finance/law/corporate-family,' obviously).
So...here's my question: What are some of the top paying financial jobs (/financial firms) in the greater metro Detroit-area? And how do their salaries compare to other top fields in the area...lawyers, doctors, corporate execs, etc...?
Thanks a ton for any help guys!
Best,
Brady
Little background info - I'm still just a high school senior, I've got a wide-range of interests, and I've got - what I believe to be - a wide range of skills and talents as well. So, I'm still pretty open in terms of career choices. I think that I'm going to start off at the UofM with the intentions of getting into the undergraduate business program (BBA degree). I could probably get into a good MBA program (after getting some work experience) or law school if I did well in that program. I might even hedge my bets a little bit and take some pre-med courses in my first year.





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If I had asked people what they wanted, they would have said faster horses - Henry Ford
alright, i'm gonna go ahead
alright, i'm gonna go ahead and put an end to this shit right now...
Detroit is a wonderful and unique place. No where else in the world will you see hot shot executives, local celebrities and regular old construction workers (or whatever) sitting at the same table, and eating the same $2 coney dogs. It's the most laid-back city in the world. It's got big companies, monster buildings, pro teams in all the major sports (along with great, great fans), art galleries, museums, bars, clubs, etc...and no traffic (on the roads or on the sidewalks). There's a relatively thin ring of (very) poor neighborhoods that circles the city - where ignorance and crime exist, but inside of that circle we've got a great city, and outside of that circle we've got some of america's greatest suburbs (there's an annoying group of bums that gather around the stadiums for games...and that's scary to some...but they're harmless). And yes, we've had a long, long, long string of bad political leadership here...and stupid voters...but I think that's sort of on the rebound now. Regardless, it's the perfect city for a certain kind of person. I'd suggest that you actually spend a significant amount of time in the city before talking shit about it (or at least get your information from someone that's actually spent a significant amount of time in the city).
Brady Hoke wrote: alright,
alright, i'm gonna go ahead and put an end to this shit right now...
The city is doing a great job of putting an end to itself without your help thanks.
I do respect that you defend your hometown though. Props.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
if you're too scared to come
if you're too scared to come here, we don't want you here anyways. now quit ruining my thread with your ignorance (and yes, talking shit about a place you've never even been to is ignorance). i want to get some helpful answers.
I've been there, I'm not
I've been there, I'm not scared of Detroit, get over yourself.
Real answer: There are boutiques in Detroit just like any other city. There also consulting firms that have offices out of Detroit (BCG included if memory serves). There are a few threads where people have posted lists of boutiques by city and region. Those would be a good place to start.
I am sorry Duke didn't recruit you out of undergrad Mr. Rose.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
I was at "the trendiest
I was at "the trendiest restaurant" visiting a friend for no less than 5 minutes when someone SPRINTS in takes a glass bottle and cracks it over the guys head across from him and sprints out.
Class class class
Comerica?
Comerica?
Work hard, play hard.
illini - comerica's just a
illini - comerica's just a commercial bank isn't it? salaries can't be that high, can they? i realize that i could become ceo of the bank and make millions...or maybe ceo of ford. but i also realize that i could win the mega millions lotto. we're talking about very small percentages there.
happy - how do boutique salaries generally compare across fields? is it the same as major shops (with HF, PE, VC, IB being at the top)? are certain fields more lucrative in certain regions (like, auto consultants perhaps making more than private equity heads in D-Town)?
Im sure there is some corrupt
Im sure there is some corrupt union (as if there was any other kind) gig that pays well.
Or perhaps a local credit union has an affirmative action program for white people.
Seriously, you're already off to a bad start by starting your search with "highest paying" as criteria 1, though that puts you in good company with the other youngins on here. Find something you want to do, then worry about what it pays. Frankly, you don't know shit at 18 (and neither did I...or 22 for that matter)....nor should you. Have fun, do well in school, find something that interests you...there is PLENTY of time to worry about a career.
there arent ballerseque jobs
there arent ballerseque jobs in detroit so dont bitch about salaries not being that high at a commercial bank. sure there are going to be SOME high paying jobs but godspeed.
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
There's a PE shop in
There's a PE shop in Birmingham called Valstone Partners that recruits for internships all the time at Ross, I interviewed with them once. You might want to reach out to them prior to your sophomore summer and ask if you can help.
As far as pay goes, I couldn't give you an accurate figure.
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Cartwright wrote: Im sure
Im sure there is some corrupt union (as if there was any other kind) gig that pays well.
Or perhaps a local credit union has an affirmative action program for white people.
Seriously, you're already off to a bad start by starting your search with "highest paying" as criteria 1, though that puts you in good company with the other youngins on here. Find something you want to do, then worry about what it pays. Frankly, you don't know shit at 18 (and neither did I...or 22 for that matter)....nor should you. Have fun, do well in school, find something that interests you...there is PLENTY of time to worry about a career.
Cartwright - I appreciate, and agree with that advice. I suppose that I should have been more clear in the original post. I'm really talking more about places I'd like to intern at over the summers...as opposed to long-term career choices...at this point. I figured I'd start with some of the higher-paying options. See if I like them first, lol.
SAC wrote: There's a PE shop
There's a PE shop in Birmingham called Valstone Partners that recruits for internships all the time at Ross, I interviewed with them once. You might want to reach out to them prior to your sophomore summer and ask if you can help.
As far as pay goes, I couldn't give you an accurate figure.
SAC - Thanks for the source. What do PE shops in the metro detroit area do, for the most part? Buy small auto manufacturing companies? I guess that there are also some pharmaceutical and bio-tech (and maybe even some alternative energy) companies in Ann Arbor. And come on...no idea how their salaries compare to other jobs in the area? I should've mentioned that I'm cool with very, very broad estimates.
happypantsmcgee wrote: I've
I've been there, I'm not scared of Detroit, get over yourself.
I almost forgot to mention the very best part about living in detroit...all the pussies and ignorant yuppies have been scared away. all that's left is real, simple and tough people.
(and then a bunch of garbage in the garbage areas, but only garbage goes there).
i heard the real estate is
i heard the real estate is highly undervalued and the police force is robust.
the public schools are slam dunks too
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
Brady Hoke
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shorttheworld wrote: i heard
Quote: I don't know if your
Brady Hoke wrote: SAC
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Brady Hoke wrote: alright,
Where I unload on Twits and take verbal S***s
http://www.forbes.com/2010/04
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
1. your prep school list
if detroit country
SAC wrote: The ones I know of
http://www.youtube.com/watch?
If I had asked people what they wanted, they would have said faster horses - Henry Ford
happypantsmcgee
If you are interested in
a big middle market PE
That youtube video was pretty
HeHateMe wrote: That youtube
pe shops in detroit
^^^ Which is fine because
Work hard, play hard.
Whatever you do, don't go to
thanks frank r...some of
IlliniProgrammer wrote: ^^^
Brady Hoke wrote: if i don't
What's with the chip on your
Fuck you Michigan state!!!
If I had asked people what they wanted, they would have said faster horses - Henry Ford
Fuck you Michigan state!!!
If I had asked people what they wanted, they would have said faster horses - Henry Ford
Umadbro wrote: Both of them
jimbrowngoU wrote: What's
happypantsmcgee wrote: Fuck
Brady Hoke
If I had asked people what they wanted, they would have said faster horses - Henry Ford
what exactly do you mean by
Hey Brady Hoke, can I get an
JeffSkilling wrote: Hey Brady
Brady, you need a major
Most of the talent's leaving
Nouveau Richie wrote: Brady,
For a senior in high school,